OCEANS 20 & LAUNCH OF THE NATIONAL BLUE AGENDA ACTIONS PARTNERSHIP*

Co-hosted by the World Economic Forum and the United Nations with support from THK Forum

*THK Forum participants will have access to the O20 sessions

THK Workshop: Modernising the Development Finance System – Lessons Learned

(BY INVITATION ONLY)

Government Patrons

Mahendra Siregar, Chairman, Indonesia Financial Services Authority (OJK)	Purbaya Yudhi Sadewa, Chairman, Indonesia Deposit Insurance Agency (LPS)	Luky Alfirman, Director General of Budget Financing and Risk Management, Ministry of Finance, Indonesia

There is currently a multi-trillion-dollar annual funding gap to deliver the Sustainable Development Goals by 2030. Around $1.5 trillion additional investment is needed from the private sector each year to transition to a net zero, nature-positive and inclusive economy which creates jobs and builds resilience to economic shocks. This workshop will deep dive on specific financial innovation including leading blended finance structures which have helped accelerate investment for sectors including clean energy, low-carbon transport, resilient cities, sustainable agriculture, oceans and forests. Leading practitioners will share learnings from around the world to help scale and replicate what is already working. The workshop will help feed into G20 recommendations to modernise the development finance system to reduce transaction costs and strengthen partnerships across public, private and philanthropic capital to accelerate the transition and unlock new investment opportunities in emerging markets. Pre-read resources include: Better Finance, Better World and Making Climate Capital Work.